Deli and Grocery Store for Sale in Union County, NJ - 29248

Union County, NJ

Deli and Grocery Store for Sale in Union County, NJ - 29248
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Asking Price: $65,000

Cash Flow: $70,000

Gross Revenue: $360,000

EBITDA: N/A

FF&E: $30,000

Inventory: $17,000*

Established: N/A

*not included in asking price.

Deli and Grocery Store for Sale in Union County, NJ - 29248

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Business Description

Delicatessen and Market Business Available

Fantastic deli and grocery business for sale. The annual cash flow is $70,000, but annual grocery sales are $350,000, and 20% net cash would be ordinary for that level. Seller also makes sandwiches, and does $21,000 net in lottery sales. There may also be some hidden profits here. In this case, discovery may prove exciting. I leave that to you. Seller's cash flow is based on shortened hours- he now closes very early on Saturday, and cut out Sunday, entirely. The original 90 hours per week were shortened to 70. The owner wants out- he is anxious to retire and move to be near his Texas family. Please contact the broker for more information.

Detailed Information

Location:
Union County, NJ
Inventory:
Not included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
Reason for Selling:
retiring
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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